Ticks Bears

107 0 2023-12-14

The Bears Power indicator drawn using a tick chart.After launching it, wait for enough ticks to come.Parameters:Period - period of averaging.The number of ticks to identify high/low - number of single ticks for determining high/low.Calculat

The Bears Power indicator drawn using a tick chart.

After launching it, wait for enough ticks to come.

Parameters:

  • Period - period of averaging.

  • The number of ticks to identify high/low - number of single ticks for determining high/low.

  • Calculated bar - number of bars for the indicator calculation.

The following parameters are intended for adjusting the weight of Bears Power signals (from 0 to 100). You can find their description in the Signals of the Bears Power oscillator section of MQL5 Reference.

  • Reverse of the oscillator to required direction.

  • Divergence of the oscillator and price.

Buffer indexes: 0 - Bears, 3 - SIGNAL VALUE